amerifirst financial: Jason Gordon Mortgage - Professional Colleague Testimonial Video - 08/12/19 05:48 PM
For the last 20+ years, Jason Gordon has helped many Homebuyers & Homeowners as a Residential Mortgage Loan Officer in San Diego, California.  To learn more about how Professional Colleagues view Jason Gordon and his services, please watch the short testimonial montage video below.  
 
Jason Gordon can also be viewed online on the following sites:
Yelp Page - Jason Gordon Facebook Business Page - Jason Gordon LinkedIn - Jason Gordon Twitter - Jason Gordon Online Testimonials - Jason Gordon Career Compass - Jason Gordon Redfin - Jason Gordon Zillow - Jason Gordon SD Voyager Article - Jason Gordon San Diego Real Producers Article - Jason Gordon … (0 comments)

amerifirst financial: New Fannie Mae UW Guideline for Cash-Out Refinances! - 11/02/18 10:12 AM

 
UPDATE: Owner Occupied Cash Out Refinances with DTI above 45%
will now require 6 months Cash Reserves
 
As mortgage rates trickle higher, Fannie Mae has taken a step to tighten their Underwriting (UW) guidelines yet again.  The latest revision is focusing on Cash-Out (C/O) Refinances with high Debt-to-Income (DTI) ratios.
 
Specifically, Fannie Mae has added a requirement for the Borrower to have 6 months of cash reserves if their DTI is over 45%.  Cash reserve requirements focus the total housing payment (Principal + Interest, Property Taxes & Homeowners Insurance) and also include Mello Roos, Private Mortgage Insurance and/or Homeowners Association Dues (when applicable).
 
Let's … (1 comments)

amerifirst financial: Mortgage Rate Update: 5-31-16: Trends & Projections - 05/31/16 03:32 AM
April Core PCE price index rose 0.2% from March, matching the consensus. It was 1.6% higher than 1 year ago, still well below the Fed's target level of 2.0%. April Personal Income rose 0.4%, matching expectations. The Chicago PMI regional manufacturing index & Consumer Confidence were both lower than expected. No more economic data will be released today.
Compared to Friday's closing, the market has opened with a 0.125  worsening to the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Professionals with factual data regarding where rates are at any given … (0 comments)

amerifirst financial: TRID - Real Estate Agent Street Smarts Summary - 11/10/15 12:28 AM

 
TRID Talking Points
 
A few years ago, the Real Estate Community was blind-sighted by the implementation of the Mortgage Disclosure Information Act (MDIA).  Amidst the chaos of the Housing Crisis, the MDIA was yet another unwelcomed change that wreaked havoc on countless escrows.  The main causes of the ensuing nightmare stories stemmed from the fact that Real Estate Agents were unaware of (and unprepared for) the mandatory MDIA timelines when writing contracts and conducting “in escrow” negotiations.  The lack of professional communication within the Real Estate & Mortgage industries leading up to the enactment of MDIA caused a myriad of logistical problems … (4 comments)

amerifirst financial: Realtor Training Course: Techniques of the Top 10% - San Diego, CA - 01/17/14 05:31 AM
Are you a Real Estate Agent in San Diego, CA?  If so, you are invited and encouraged to attend an upcoming training titled "Techniques of the Top 10%" presented by Wellington Pendell of The Career Compass (and hosted by AmeriFirst Financial, Inc.).
The event flyer is listed below.  Capacity is limited to 30 Attendees on a first RSVP, first served basis. Please contact me directly at 619-200-8031 or email jgordon@amerifirst.us for reservations.
 
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Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE (CMG Mortgage, San Diego, CA)

Jason E. Gordon

Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE

San Diego, CA

More about me…

CMG Mortgage, San Diego, CA

Address: 11440 W. Bernardo Court, Ste. 300, San Diego, California, 92127

Mobile: 619-200-8031

Author Bio: Jason Gordon is a Residential Mortgage Specialist in San Diego, CA. He combines ethics, education, and experience while helping Homebuyers and Homeowners to achieve their financial goals.View all AR Posts By Jason Gordon

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